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KeyCorp (KeyCorp) PS Ratio

: 2.19 (As of Today)
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The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, KeyCorp's share price is $14.565. KeyCorp's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.66. Hence, KeyCorp's PS Ratio for today is 2.19.

Warning Sign:

KeyCorp stock PS Ratio (=2.17) is close to 1-year high of 2.37

The historical rank and industry rank for KeyCorp's PS Ratio or its related term are showing as below:

KEY' s PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.92   Max: 3.97
Current: 2.21

During the past 13 years, KeyCorp's highest PS Ratio was 3.97. The lowest was 1.19. And the median was 2.92.

KEY's PS Ratio is ranked better than
56.29% of 1455 companies
in the Banks industry
Industry Median: 2.36 vs KEY: 2.21

KeyCorp's Revenue per Sharefor the three months ended in Dec. 2023 was $1.59. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $6.66.

Warning Sign:

KeyCorp revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of KeyCorp was -11.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 4.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.80% per year.

During the past 13 years, KeyCorp's highest 3-Year average Revenue per Share Growth Rate was 11.40% per year. The lowest was -26.20% per year. And the median was 3.70% per year.

Back to Basics: PS Ratio


KeyCorp PS Ratio Historical Data

The historical data trend for KeyCorp's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

KeyCorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.28 2.46 3.15 2.31 2.16

KeyCorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PS Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.31 1.66 1.26 1.53 2.16

Competitive Comparison

For the Banks - Regional subindustry, KeyCorp's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KeyCorp PS Ratio Distribution

For the Banks industry and Financial Services sector, KeyCorp's PS Ratio distribution charts can be found below:

* The bar in red indicates where KeyCorp's PS Ratio falls into.



KeyCorp PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

KeyCorp's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=14.565/6.664
=2.19

KeyCorp's Share Price of today is $14.565.
KeyCorp's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.66.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


KeyCorp  (NYSE:KEY) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


KeyCorp PS Ratio Related Terms

Thank you for viewing the detailed overview of KeyCorp's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


KeyCorp (KeyCorp) Business Description

Address
127 Public Square, Cleveland, OH, USA, 44114-1306
With assets of over $170 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its two largest markets: Ohio and New York. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.
Executives
Douglas M Schosser officer: Chief Accounting Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114-1306
Carlton L Highsmith director C/O NEWALLIANCE BANK, 195 CHURCH STREET, NEW HAVEN CT 06510
Devina A Rankin director 800 CAPITOL STREET 3000, HOUSTON TX 77002
Amy G. Brady officer: Chief Information Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Paine Andrew J Iii officer: Head of Institutional Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Victor B Alexander officer: Head of Consumer Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Gillis Ruth Ann M director 10 SOUTH DEERBORN STREET, 37TH FLOOR, CHICAGO IL 80603
Angela G Mago officer: Head of Commercial Bank 127 PUBLIC SQUARE, CLEVELAND OH 44114
Allyson M Kidik officer: Chief Risk Review Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Richard J Tobin director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Brian L Fishel officer: Chief Human Resources Officer 127 PUBLIC SQUARE, CLEVELAND OH 44114
Kenneth C Gavrity officer: Head of Enterprise Payments 127 PUBLIC SQUARE, CLEVELAND OH 44114
Jamie Warder officer: Head of Digital Banking 127 PUBLIC SQUARE, CLEVELAND OH 44114
Trina M Evans officer: Director, Corporate Center 127 PUBLIC SQUARE, CLEVELAND OH 44114

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